Cryptoknowmics
2022-05-14 12:50:07

The Best Wallets for Wrapped BTC in 2022

All forms of currency require a convenient and secure storage place. Banks are the preferred destination for fiat money, while cryptos require a wallet. By linking the pioneer advantages of Bitcoin and the DeFi world of Ethereum, Wrapped Bitcoin (WBTC) is a top investor choice. So, if you are looking for the best WBTC wallets of 2022, here we are with the 5 best wallets where you can store wrapped Bitcoin. Best WBTC Wallets of 2022 Metamask Metamask is a web extension and mobile app wallet developed by the blockchain company ConcenSys. Transaction costs charged by the wallet range from $0.3 to $0.875. Pros Joining the wallet is free, a good convenience for new users. It is available both as a mobile app as well as a web URL extension, which improves its convenience. Thanks to its highly navigable user interface, the wallet is also among the easiest to use. Since it can be integrated into a token exchange and provide for token swaps, it offers a one-stop-shop for new users. The swap has features that combine data from market makers and decentralized exchange aggregators. Cons It shares a common characteristic of all hot wallets, vulnerability to cybercrimes. The lack of a 2-factor authentication doesn’t help its security case. ImToken If you have already figured out where to buy wrapped BTC but are looking for a wallet to store your assets, ImToken is an ideal option. For the well-versed WBTC user, ImToken by Hangzhou Rongshi T...

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